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$124,900

Beds
Unknown
Baths
1.0
sq ft
387

7100 N Ocean Blvd Unit 809, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 809

Myrtle Beach, SC 29572

  • Pending
    • Price drop $20,100↓
Direct oceanfront condo at Ocean Reef! Fully furnished with two double beds, a microwave, mini-fridge and a private oceanfront balcony. Great second home or investment property. This condo generates excellent income through the well-managed onsite rental company but owners are not required to use their program. Ocean Reef Resort is located in a prestigious area, popular with locals and tourists alike. Oceanfront features include a large pool, grassy sunning area and hot tubs. Other water amenities include the “Shipwreck” kiddie waterpark, indoor and outdoor kiddie pools, and an indoor pool, lazy river and hot tub. There is also a fitness room and Ping Pong and shuffle board in the indoor pool area. Owners and guests participating in the onsite rental management program can spend time at the seasonal pool bar, the Banana Boat Lounge or Café du Port - the onsite oceanfront restaurant, an arcade, and a giftshop. Ocean Reef is located on the north end of the city of Myrtle Beach, about two miles north of the downtown hotel section. This popular area is home to many of the Grand Strand’s finest shops and restaurants. Broadway at the Beach, the Restaurant Row section, and Barefoot Landing are all within a 15 minute drive. The HOA fee covers unit electric, water/sewer, cable TV, internet, building insurance, contents insurance(H06), all exterior upkeep and reserves. All information is deemed correct, but it is the responsibility of the buyers and their agent to verify all information.

Details

Property type

Condominium

Est. home value

$149,779

Lot size

Unknown

Price per sq ft

$323

Year built

1975

Monthly HOA fee

$802

Price History

09/14/2024
MyrtleBeach

MyrtleBeach #2403386

Pending
$124,900
08/23/2024
MyrtleBeach

MyrtleBeach #2403386

Price change
$124,900
-13.86%
04/22/2024
MyrtleBeach

MyrtleBeach #2403386

Price change
$145,000
+0.69%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Mortgage Corp

Loan start date

August 2005

Original loan amount

$152,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Scott Bratten and Keith Bratten

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:35 PM

Listing updated: 09/14/2024 at 3:28 PM

Listed by: Gene Carter Team, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2403386

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